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questions from the audience. hosted by the u.s. chamber of commerce this is just under an hour. >> thank you very much. thank you, everyone, for being here this morning. especially those who traveled to be with us. it's nice to close the doors from the rest of washington and the fiscal cliff debate for a little while and talk about fiscal challenges elsewhere. whether it's a good news or bad news, at least it gives us an opportunity to talk about something a little bit different than the news of the day in this final two weeks, i think, before hopefully congress finds an opportunity to either avoid or move or solve some of the fiscal cliff issues and fiscal challenges that we face. and thank you for dick gravich and the work of the panel and the commission he co--led. there are copies of that report that were available when you came in. it's an excellent document that i really encourage everyone to take a close read. it's filled with good analytics in terms of what's going on on the state level. to help us understand. and i fully agree, dick, with your comments earlier about the disconnect.
from a week in brazil. the u.s. would have just grown faster than brazil in the most recent quarter, 2.4%. i raise this because you go down there and talk to business people about why it is. we could have made little more taxes here and a little more regulation there and cost of labor there and a fair amount of uncertainty about what we'll do in the future. they have taken the steam out of it. this is a fragile and requires government to facilitate rather than layer cost and uncertainty on top of it. with that uncertainty and a very aggressive regulatory agenda which has caused uncertainty around health care costs. you add that up and you have a period in which american business is operating under a huge weight. government rates the conditions where businesses and scientists can have the freedom to get the work done. that is an important thing to think about. government can create the conditions under which the cost is listed to allow businesses to innovate. >> if i could follow up. i thought this was amazing. u.s. firms spend 36% to comply with regulation than larger firms. the small
. a cherished leader for the entire house. joe baca is a lifelong public servant, a paratrooper in the u.s. army, look at this, the 101st airborne and the 82nd airborne divisions. he served california state legislature. he made his mark standing firm against harmful and an ty immigrant measures and leading -- anti-immigrant measures and leading on food stamps. it's fraught with meaning. a lot of work and leadership he put into it in the farm bill. joe baca came from humble beginnings, yet his accomplishments are truly significant. the list goes on and on of our colleagues that congresswoman eshoo mentioned. all of these members, public service has been a calling, a cause and a core facet of their character. california has been proud to have them as our representatives in congress. for those of us who served with them, it's an honor for each of us to call you colleagues. for some of us, a very, very special honor to be considered your friend. we all wish you -- we each wish of you much success in the years ahead. we look forward to coming -- continuing our work together on behalf of our great gol
Search Results 0 to 2 of about 3